FIRSTFUND REPORTS 2026 SECOND QUARTER RESULTS
FIRSTFUND REPORTS 2026 SECOND QUARTER RESULTS |
| [31-August-2026] |
VANCOUVER, BC, Aug. 31, 2026 /CNW/ -- The financial results of Consolidated Firstfund Capital Corp. (TSXV: FFP) (the "Company" or "Firstfund") for the three months ended June 30, 2026 show a net loss of $44,932 or $0.01 per share (2025 - net income of $64,991 or $0.01 per share). The Company recorded an unrealized net loss of $35,044 for the three months ended June 30, 2026 (2025 - unrealized net gain of $70,087) on the revaluation of the investments in Vitality Products Inc. (TSXV: VPI) measured at fair value through profit or loss. The Company's fee income decreased to $104,134 for the three months ended June 30, 2026 (2025 - $104,153). The Company's current assets exceeded current liabilities by $138,836 as at June 30, 2026 (2025 - $138,427). The Company had cash of $92,766 and short-term investment of $201,295 as at June 30, 2026. During the period ended June 30, 2026, the Company's cash position increased $38,643 primarily due to the purchase of a short-term investment for $200,000 and the redemption of a short-term investment for $250,000. The Company's condensed consolidated interim financial statements and management's discussion and analysis for the six months ended June 30, 2026 and 2025 are available on SEDAR+ at www.sedarplus.com. About Firstfund Consolidated Firstfund Capital Corp. (TSXV: FFP) is a venture capital company. The Company is primarily engaged in venture capital activities and financial consulting relating to real estate development in Canada and the United States. The Company is an investment issuer listed on the TSX Venture Exchange. Firstfund has invested its capital in both private companies and publicly traded companies since 1983. The Company continues to investigate other investment opportunities for its portfolio. Firstfund earns fee income for real estate development and property management activities performed on properties owned by other companies and limited partnerships managed by companies under common control. On behalf of the Board of "W. Douglas Grant" (signed) Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. SOURCE Consolidated Firstfund Capital Corp. | ||
Company Codes: Toronto:FFP,Toronto:VPI |
